Slb (SLB) Return on Capital Employed (2009 - 2026)

Slb (SLB) recorded quarterly Return on Capital Employed of 36.8% in Q1 2026, down 7.17% quarter-over-quarter from 39.64% in Q4 2025, and down 2896.0% on a YoY basis from 1.32% in Q1 2025.

Slb (SLB) Return on Capital Employed (2009 - 2026) Analysis & Trends

Slb's Return on Capital Employed history runs 18 years deep, the most recent figure standing at 36.8% for Q1 2026.

  • In Q1 2026, Return on Capital Employed fell 2896.0% year-over-year to 36.8%; the TTM figure through Mar 2026 stood at 36.8% (down 2896.0% YoY), while the FY2025 annual figure was 2.42%, down 92.0% from the prior year.
  • Return on Capital Employed was 36.8% for Q1 2026 at Slb, down from 39.64% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 68.81% in Q4 2024 to a low of 19.29% in Q1 2022.
  • Historically, Return on Capital Employed has averaged 46.22% across 5 years, with a median of 49.11% in 2022.
  • The sharpest annual moves came in 2022 and 2025: Return on Capital Employed surged 3661 bps in 2022, then sank 2917 bps in 2025.
  • A 5-year view of Return on Capital Employed shows it stood at 49.11% in 2022, then decreased by 22 bps to 38.09% in 2023, then soared by 81 bps to 68.81% in 2024, then tumbled by 42 bps to 39.64% in 2025, then slipped by 7 bps to 36.8% in 2026.
  • The last three Return on Capital Employed figures came in at 36.8% (Q1 2026), 39.64% (Q4 2025), and 51.37% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 36.80%
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 35.87%
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 12.84%
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 27.54%
5 Enerflex 8.62 Bn 8.57 Bn - 2.02%
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 4.37%
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 19.80%
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 20.30%
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 8.84%
10 Liberty Energy 4.61 Bn 3.91 Bn 177.37 Mn 2.37%

Historic Data

Download Data
DateValue
Mar 31, 2026 36.80%
Dec 31, 2025 39.64%
Sep 30, 2025 51.37%
Jun 30, 2025 58.05%
Mar 31, 2025 65.76%
Dec 31, 2024 68.81%
Sep 30, 2024 56.22%
Jun 30, 2024 50.74%
Mar 31, 2024 45.16%
Dec 31, 2023 38.09%
Sep 30, 2023 48.79%
Jun 30, 2023 54.30%
Mar 31, 2023 53.56%
Dec 31, 2022 49.11%
Sep 30, 2022 29.26%
Jun 30, 2022 20.73%
Mar 31, 2022 19.29%
Dec 31, 2021 12.51%
Sep 30, 2021 6.62%
Jun 30, 2021 10.14%